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20121001
20121031
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CSPAN
Oct 20, 2012 6:30pm EDT
states maintain a single tax rate across the entire state. they don't allow the local cities and counties to add animosity kito abatement tax. and sales tax holidays, you don't pay sales tax on the first $50 of school supplies. rules like that is what makes collecting sales tax across the country insanely complex. so my own state of virginia has done a pretty good job at trying to be simple and be attractive to businesses. they exempt digital downloads to encourage that industry. they want to maintain a business friendly environment. >> i think this highlights the balance i talked about earlier, that congress has to strike between the burdens on interstate commerce and state sovereignty on the other, the things that make the sales tax more complex are the things the voters like, sales tax holidays, a threshold so you don't pay sales tax on the full price, a much reduced price. that's what consumers and voters like. it's a balance on one hand of the desires of the voters and the states and the desire for fairness and also for the states, frankly, to be able to maintain their taxes
CSPAN
Oct 22, 2012 8:00am EDT
local cities and counties to add a mosquito abatement tax, they might even restrict states from having sales tax holidays on school supplies. i mean, rules like that are what makes collecting sales tax across the country insanely complex. so my own state of virginia has done a pretty good job of being simple and attractive to businesses. they exempt digital downloads from taxation to encourage that industry, and they're not members of the streamline sales tax because they want to maintain what they call a business-friendly environment. >> guest: i think the balance congress has to strike b, many of those things that make the sales tax more complex are things that consumers and voters like, sales tax hold days, caps and thresholds so that you're not paying tax on the full price, you pay it on a much reduced price. those are things that consumers and voters like, so it's a balance on one hand between those desires of the voters in the states and the desire for fairness and also, frankly, for the states to be able to maintain their taxes in a way that makes sense so to the extent t
CSPAN
Oct 22, 2012 8:00pm EDT
entire state. they don't allow the local cities and counties to add a mosquito abatement tax, or having a always tax holiday where you don't pay any sales tax on the first $50 of school supplies during certain days. rules like that make collection of sales tax across the country insanely complex. so pennsylvania is trying be simple. they exempt digital download and they're not members of the streamline sales tax because they want to maintain what they call a business friendly environment. >> i think this highlights the balance i talked about earlier that congress has to strike between the burdens and state sovereignty on the other. many of those things that make the sales tax more complex are things that consumers and voters like. sales tax holidays, caps and thresholds so you're not paying sales tax on a full price. those are things that consumers and voters like so it's a balance on one hand between those desires of the voters the states and the desire fireness and also for the states to be able to maintain their taxes in a way that makes sense so that to the extent the taxes b
Search Results 0 to 2 of about 3